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Image source: Getty Images. 1. The cost-of-living adjustment. Seniors get a bump in their Social Security benefit every year called the cost-of-living adjustment ().The 2025 COLA of 2.5% was ...
Some workers could lose more money to Social Security payroll taxes in 2025 because the taxable wage base has gone up. In 2024, you only paid these taxes on your first $168,600 in earnings ...
The general Social Security earnings-test limit in 2025 is $23,400 (up from $22,320 in 2024). You'll have $1 in Social Security withheld for every $2 you earn above that limit.
The increase in 2025 will perhaps have the biggest impact on those earning between $168,600 and $176,100 per year, as you'll face Social Security tax on income that wasn't previously taxed in 2024.
Social Security will turn 90 years old in 2025, and a lot has changed during that time. Every year, the government makes adjustments to the program that help it take in greater tax revenue and ...
As you can see, the changes to Social Security in 2025 all have to do with inflation and wage growth, not any changes to actual laws or policies. However, there's a solid chance that beyond 2025 ...
Image source: Getty Images. 1. Social Security benefits will get a boost, thanks to COLA. I'll kick off next year's Social Security changes with one of the most anticipated updates -- the annual ...
With inflation moderating a bit from the prior year, the Social Security disability income threshold for non-blind beneficiaries might top $1,600 per month in 2025, while the threshold for blind ...